The Majlis Archive

Finance - Banking - Business The Majlis Vol 19 No 06, p.5

We have collected funds to build a Musjid and a Madrasah.

Question

We have collected funds to build a Musjid and a Madrasah. The funds are insufficient and the community has lost interest. Now that the project will not be built, how should the funds be disposed of?

Answer

If the contemplated project for which the funds were collected is abandoned, the money has to be returned to the donors. However, if the donors approve of the funds being transferred for another Deeni project, then this will be permissible. The donors have to be informed that the project will be abandoned. The proposal of transferring the funds to another Deeni organization should be put to them. It is essential to notify them that the project for which they have donated will not be pursued.

View on themajlis.co.za
Published in
The Majlis Vol 19 No 06
PDF page
5

Appears under Questions and Answers (approximate).

Was this page helpful?